AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
_6ff029a61766633234293.png?format=webp&width=1186&height=250)
Cardano Surges Past $0.825 Resistance, Targets $0.860 and $0.90
ByAinvest
Wednesday, Sep 3, 2025 2:29 am ET1min read
Cardano has recovered from a decline to test resistance levels, breaking above a triangle pattern with resistance at $0.825. The cryptocurrency now faces immediate resistance at $0.840, with next targets at $0.860 and $0.90. Technical indicators show bullish momentum, but failure to break $0.840 could trigger another decline.
Cardano (ADA) has shown signs of recovery following a recent decline, as the cryptocurrency price has started to climb above key resistance levels. According to recent market analysis, ADA has broken through a triangle pattern with resistance at $0.825, signaling a potential upward trend [1].The price of ADA is currently trading above $0.8120 and the 100-hourly simple moving average, indicating a strong bullish momentum. The cryptocurrency has managed to surpass both the $0.80 and $0.8250 resistance levels, which were previously seen as significant barriers to its upward movement [1].
However, the immediate resistance level for ADA is now at $0.840. If the price can clear this resistance level, the next targets for ADA are $0.860 and $0.90. According to technical indicators, the MACD for ADA/USD is gaining momentum in the bullish zone, and the RSI is above the 50 level, further supporting the bullish sentiment [1].
Despite the positive indicators, if ADA fails to break above the $0.840 resistance level, it could trigger another decline. In such a scenario, the immediate support level for ADA would be near $0.8250. The next major support level is around $0.8180, which is also the 50% Fib retracement level of the upward move from the $0.7822 swing low to the $0.8395 high. A downside break below this level could lead to a test of the $0.780 level [1].
In conclusion, while Cardano shows promising signs of recovery, the cryptocurrency market remains volatile, and investors should closely monitor the price movements to make informed trading decisions.
References:
[1] https://cryptorank.io/news/feed/1a967-cardano-ada-signals-recovery-0-84
[2] https://www.mitrade.com/insights/news/live-news/article-3-1090776-20250903
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet